Features
- Opening balance of UGX50,000/ USD 50/EUR 50/GBP 50
- Minimum balance of UGX 50,000/USD50/EUR50/GBP50
- Registration for new clubs at a fee
INVESTMENT CLUB SAVINGS
An account for groups of people coming together to pool resources for Investment purposes. This account is tailored for investment Clubs that are not registered as formal entities.
Benefits
- Free monthly standing orders or inter account transfers from member accounts to club account.
- Third party savings withdraw voucher.
- Free monthly statements.
- Preferential forex rates.
- Access to loans using deposits as collateral.
- Competitive interest rates of up to 7% p.a.
- Regular training and capacity building.
- Networking amongst clubs.
- Available in UGX/USD/EUR/GBP.
- Management Information System to manage the club savings
Requirements
- Copy of Registration certificate and club constitution
- Copy of minutes and resolution to open account in HFB signed by members
- Valid IDs for A/C signatories
- 2 passport photos of account signatories
- Proof of residence of the A/C signatories
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OTHER SERVICES YOU MIGHT BE INTERESTED IN
As the leading mortgage bank in Uganda we enable our customers realise their housing and financial aspiration
Current Account
Have the flexibility to exchange a wide range of currencies that you need at very competitive foreign exchange rates.
Borrow Money
Our personal loans give you the opportunity to get the cash you need to complete that dream in your mind.
Mortgages
Get a home loan, growing house loan or land loan to purchase or complete your residential property.
Enjoy quick and flexible banking with our App
We are here to bring you convenient, fast and secure banking on the go with only a few taps to get all your financial needs fulfilled through the Housing Finance Bank app
